1. Supply and demand
2. Sunk costs
3. Inflation
4. The “invisible hand”
5. The “tragedy of the commons”
6. Causality
7. Opportunity costs
8. Comparative advantage
9. Income inequality
10. Models versus reality
2. Sunk costs
3. Inflation
4. The “invisible hand”
5. The “tragedy of the commons”
6. Causality
7. Opportunity costs
8. Comparative advantage
9. Income inequality
10. Models versus reality
Skill OneUse en.wikipedia.org or perform a Google search for each of the 10 terms. With a partner create a student friendly definition.
|
Skill TwoRecord your student friendly definitions on a piece of paper.
|
Skill ThreeFind and record 2 real world examples for each Top 10 term!
|